--- title: "Meaning & Key Takeaway of: By killing transparency and competition…" description: "\"By killing transparency and competition, crony capitalism is harmful to free enterprise, opportunity, and economic growth. And by substituting special ..." image: "https://sms4smile.com/quotes/i/4bc/raghuram-rajan-10594_business_by-killing-transparency-and-competition_2888240.jpg" --- # By killing transparency and competition, crony capitalism… ![“By killing transparency and competition, crony capitalism is harmful to free enterprise, opportunity, and economic growth. And by substituting special interests for the public interest, it is harmful to democratic expression.” quote by Raghuram Rajan](https://sms4smile.com/quotes/i/4bc/raghuram-rajan-10594_business_by-killing-transparency-and-competition_2888240.jpg) [Download](https://sms4smile.com/quotes/i/4bc/raghuram-rajan-10594_business_by-killing-transparency-and-competition_2888240.jpg) [Open image](https://sms4smile.com/quotes/i/4bc/raghuram-rajan-10594_business_by-killing-transparency-and-competition_2888240.jpg) > “By killing transparency and competition, crony capitalism is harmful to free enterprise, opportunity, and economic growth. And by substituting special interests for the public interest, it is harmful to democratic expression.” [Raghuram Rajan](https://sms4smile.com/quotes/author/raghuram-rajan/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Crony capitalism erodes transparency, competition, and democratic expression, harming growth and opportunity. **In simple terms:** Crony capitalism harms growth and democracy. Key Takeaway Promote fair competition and transparency. Themes economics politics corruption democracy growth Mood analytical concerned Type philosophical critical When to use this quote - business regulation - political reform - academic research - civic activism Key Concepts institutional integrity public policy market fairness Questions to Reflect On - How can transparency be enforced? - What role does citizens play in combating cronyism? A Different Perspective Reforms may face entrenched interests. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Capitalism](https://sms4smile.com/quotes/about/capitalism/) [Capitalism Harmful](https://sms4smile.com/quotes/about/capitalism-harmful-4041793/) [Competition](https://sms4smile.com/quotes/about/competition/) [Crony](https://sms4smile.com/quotes/about/crony-1454081/) [Crony capitalism](https://sms4smile.com/quotes/about/crony-capitalism/) [Economic growth](https://sms4smile.com/quotes/about/economic-growth/) [Economics](https://sms4smile.com/quotes/about/economics/) [Free enterprise](https://sms4smile.com/quotes/about/free-enterprise/) [Harmful Democratic](https://sms4smile.com/quotes/about/harmful-democratic-4041794/) [Opportunity](https://sms4smile.com/quotes/about/opportunity/) [Public Harmful](https://sms4smile.com/quotes/about/public-harmful-3700344/) [Public interest](https://sms4smile.com/quotes/about/public-interest/) ## Related quotes > [“Crony Capitalism Has Deep Roots The Ex-Im Bank and the trouble with the Republican party.”](https://sms4smile.com/quotes/anonymous/crony-capitalism-has-deep-roots-the-ex-im-bank-and-the-trouble-with/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Crony capitalism is not capitalism - it is cronyism.](https://sms4smile.com/quotes/rupert-murdoch/crony-capitalism-is-not-capitalism-it-is-cronyism/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [We are against crony capitalism.](https://sms4smile.com/quotes/arvind-kejriwal/we-are-against-crony-capitalism/) [Arvind Kejriwal](https://sms4smile.com/quotes/author/arvind-kejriwal/) > [Not only are we here to protect the public from vicious criminals in the street but also to protect the public from harmful ideas.](https://sms4smile.com/quotes/robert-green-ingersoll/not-only-are-we-here-to-protect-the-public-from-vicious-criminals-in/) [Robert Green Ingersoll](https://sms4smile.com/quotes/author/robert-green-ingersoll/) > [I am against government by crony.](https://sms4smile.com/quotes/anonymous/i-am-against-government-by-crony/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [The key is to somehow find a way of tackling rent-seeking, crony capitalism, and corruption - legal and illegal - and build fairer, more…](https://sms4smile.com/quotes/angus-deaton/the-key-is-to-somehow-find-a-way-of-tackling-rent-seeking-crony/) [Angus Deaton](https://sms4smile.com/quotes/author/angus-deaton/) > [Unless there is free and fair competition, there can't be healthy economic development. 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